The economic crisis has markedly changed the business and regulatory landscape. Which long-held assumptions about market forces are losing currency, and what will take the place of those assumptions? Here, directors step in with their hands-on experience and wisdom to help management negotiate the new terrain and ultimately keep their companies on course.
With the markets still in crisis, many businesses are focused more on day-to-day survival than on the emerging economic reality. To successfully adapt to the new order, businesses will need to keep an ear to the ground, determining which long-held assumptions about market forces are losing currency. What takes the place of those assumptions will reflect both the changing business landscape and the evolving regulatory environment. Directors are bringing their diverse experience and wisdom to bear as they help management negotiate the new terrain. 10Minutes discusses what that entails, pointing to actions directors are taking to keep their companies on course.
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